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Performance Bond

Performance and Maintenance Bond, Kansas City Parks and Recreation Department

Construction Blanket - 3rd Party Liability

Overview

What it is.

Construction Blanket - 3rd Party Liability

Who usually needs it

Contractors and construction companies awarded contracts for construction, maintenance, or improvement projects in Kansas City, Missouri's public parks and recreational areas—such as pathways, landscaping, playgrounds, and sports facilities—need this bond as a mandatory condition to secure permits for work within the city's right-of-way areas in parks and r…

Pricing & timing

What to expect.

Generic pricing

Performance bonds guarantee that a contractor will complete a project according to the contract terms. Typical Pricing:. • Small contracts: Commonly around 1–5% of the contract value (one-time upfront premium). • Larger contracts: Rates generally scale lower as contract size increases. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Full underwriting required: Credit, financials, experience, and bon…

Typical timeframe

Full underwriting required — typically 3–5 business days

Application

What to do next.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

You are on the exact bond page. The next step is to start the quick application.

Details

Bond details.

StateMO
Bond amountVaries by license type or project
ObligeeCity of Kansas City, Missouri Parks and Recreation Department
Bond classPerformance Bond
CategoryOther
BondPerformance and Maintenance Bond, Kansas City Parks and Recreation Department
Plain descriptionConstruction Blanket - 3rd Party Liability
Who needs this bondContractors and construction companies awarded contracts for construction, maintenance, or improvement projects in Kansas City, Missouri's public parks and recreational areas—such as pathways, landscaping, playgrounds, …
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Next step

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